Prime Office & Warehouse Portfolio 2 Properties Offered at $7,625,000 CAD in Edmonton, AB

Sabo Bros Realty Limited presents an exciting two-building office and industrial investment portfolio featuring 47,002 square feet and covering 2.27 acres in Edmonton. The first building, located at 8704 51 Avenue NW, offers 20,400 square feet of office space divided equally across two floors. The second building, located at 8708 51 Avenue NW, provides eight dedicated offices totaling 5,602 square feet and 21,000 square feet of industrial space for warehousing use. This facility features eight loading bays with individual sumps and 12-foot by 14-foot overhead doors. Retain the current tenants in both buildings for in-place cash flow or occupy the office building as an owner/user and capitalize upon the value-add potential by leasing the multi-bay warehouse spaces. The possibility of selling the buildings separately can be considered.

Situated alongside 51 Avenue, 8704 and 8708 51 Avenue NW place tenants within steps of the 006 and 507 bus stops and easy light rail access. Industrial investors find proximity to major thoroughfares, including Sherwood Park Freeway, Whitemud Drive, and Calgary Trail, and enjoy the short drive to Downtown Edmonton. Equidistant from the Ports of Vancouver and Prince Rupert, the buildings’ location makes distribution a breeze. With low industrial vacancy at about 3% and projected to drop even lower, the Edmonton industrial market anticipates aggressive rent growth, potentially seeing increases of up to 9%. 8704 and 8708 51 Avenue NW present an excellent opportunity for investors to capitalize upon a flourishing market and long-term tenants or owners/users wanting to generate rental income.